A.M. Best has affirmed the financial strength rating of A- and the long-term issuer credit rating of “a-” of Ocean International Reinsurance Company
Bermuda’s industry groups have welcomed the EU’s decision to remove the domicile from its “blacklist” of non-cooperative tax jurisdictions
Aruba, Barbados, and Bermuda have been removed from the EU’s blacklist on non-cooperative tax jurisdictions
The senior management team of leading independent captive management firm USA Risk Group has completed a management buyout from Spencer Capital Holdings
Richard Daley, president of JLT Insurance Management (Bermuda), will join Strategic Risk Solutions (SRS) Bermuda as its new managing director on 1 August
The EU has released its updated blacklist on non-cooperative tax jurisdictions featuring a number of captive domiciles, including Bermuda
Barbados has repealed the Exempted Insurance Act and all insurance entities in the domicile will now fall under an amended Insurance Act, with captives continuing to be zero taxed
ICM Assurance has had its financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” by A.M. Best
Frances Jones reviews the proliferation of PCCs in the captive industry and across key domiciles
Barney Dixon outlines the meaning of ‘economic substance’ and what its measure means for tax jurisdictions
This year’s Bermuda Captive Conference highlighted the importance of the captive industry to the island, and the need to stay ahead of the curve in terms of regulation and innovation in order to maintain its global status
Captive conferences educate and inform in equal amounts. The Captives & Corporate Strategies Summit in Toronto did its bit to teach the industry...
Although ICC legislation was implemented in Barbados last year, SCCs are still leading the way, according to Lisl Lewis of London & Capital
Economic changes in Canada have companies considering captives in warmer climes for their insurance coverage. Kim Willey of ASW Law explains
Groups and cells are among the best options for gaining access to the Terrorism Risk Insurance Act, according to Thomas Stokes of JLT Towner
JLT Insurance Management has expanded its Isosceles facility in the US. Thomas Stokes explains the benefits of the sponsored cell structure
Strategic Risk Solutions observes further domestic options for Canadian captives, while examining the markets of onshore domiciles, Alberta and British Columbia, and offshore in Barbados
Industry participants discuss their hopes for captives in Latin America, as well as recent developments and the barriers to captive uptake in the region
Kirk Cyrus of SRS Barbados, Darren Treasure of London & Capital, and Gregory Smith of Deloitte discuss current market conditions in the captive industry of Barbados, and the landscape of emerging risks
Latin America needs more capacity in its insurance industry and consistent regulation if its economies are going to recover